Bumble Bee Seafoods, North America’s largest branded shelf-stable seafood company, announced it has been acquired by Thai Union Frozen Products Public Company Limited (TUF) for $1.51 billion.
“I have always believed that Bumble Bee and Thai Union share a strong vision for innovation, operational excellence, sustainability and value for our consumers, making this combination good news for customers, consumers and the industry as a whole,” said Chris Lischewski, president and CEO of Bumble Bee Seafoods. “Importantly, we commit to uphold the indispensable role as one of the world's leaders in providing responsibly harvested and processed seafood.”